climate finance

Reacting to the conclusion of the European Council on the EU long-term budget, which is freezing EU anti-poverty aid at near current levels, Natalia Alonso, Head of Oxfam's EU Office, said:

After another year of extreme weather, developing countries face a looming climate ‘fiscal cliff’ at the end of 2012. Yet new Oxfam research finds most climate finance pledges so far have been recycled funds or loans.

At the ECOFIN meeting today, EU Finance Ministers have failed to provide a clear answer to what Europe will do to ensure climate finance does not fall off a cliff once Fast Start F

New sources of climate finance must be found to curb the alarming shift in Official Development Assistance (ODA) to climate finance and to protect the development gains of recent decades.

Joint Media Reaction by Oxfam, CAN Europe, APRODEV, CIDSE

Today at the UN climate change talks in Durban the European Union as a bloc has reported that it has spent €2.34 billion during 2011 as ‘fast start finance’.  This is part of the EU’s €7.2 bil

About innovative financing for development and climate change

EU Finance Ministers today agreed their common position for the upcoming G20 Finance Ministers meeting on 14-15 October in Pa

As the international community mobilizes in response to global climatic changes, climate funds must ensure the equitable and effective allocation of funds for the world’s most vulnerable po

The European Commission published today a paper on how to raise the $100 billion per year pledged by rich countries at last year’s UN climate talks in Cancun to help poor countries protect

Responding to the latest finance text that came out today, international climate change policy adviser Tim Gore said: